NOT LISTED FOR SALE

Pirates Bay 214 Miracle Strip Pkwy SW Unit A406 Fort Walton Beach, FL 32548

Estimated Value: $186,000 - $227,000

1 Bed
1 Bath
325 Sq Ft
$500/mo HOA Fee

Last Sold April 12, 2024

Last sale price $204,000 $628 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,720/month

32 Days on Market

Highlights

  • Marina
  • Views of a Sound
  • In Ground Pool
  • Fort Walton Beach High School Rated A
  • Property fronts an intracoastal waterway
  • Furnished

About This Home

As of April 2024

Rare TOP floor unit! Breathtaking views from this remodeled, fully furnished waterfront studio! This established vacation rental with stellar rental history can make a lucrative investment or a convenient and cozy second or primary home. Located in the heart of Fort Walton Beach and boasting beautiful grounds, pool areas and a marina, the Pirates Bay complex is both attractive and convenient.
Buyer to verify all dimensions and statements deemed important.

Last Agent to Sell the Property

Villy Filipova-Ellinger

World Impact Real Estate License #3409568 Listed on: 02/07/2024

World Impact Real Estate

Last Buyer's Agent

Peter Appezzato

EXP Realty LLC License #3519097

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 1986 | Remodeled

Lot Details

HOA Fees

  • $500 Monthly HOA Fees

Property Views

Home Design

  • Studio
  • Flat Roof Shape
  • Flat Roof with Façade front
  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 325 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Window Treatments
  • Tile Flooring

Kitchen

  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Balcony
  • Built-In Barbecue

Schools

  • Edwins Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-2S-24-401A-0000-A406

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, management, sewer, water, cable TV, trash
  • 60 Buildings
  • 60 Units
  • Pirates Bay Ph 1 Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,959

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PIRATES BAY PH 1
  • Directions: Heading east on Hwy 98/Miracle Strip Parkway, Building ''A'' is on the right immediately past the Olive Garden restaurant.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1986
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Waterview:Sound2: Yes
  • Waterview:Intracoastal Waterwy: Yes
  • Waterfront:Intracoastal Wtrwy: Yes
  • Waterfront:Sound: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 60
  • Appliances: Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 1
  • Interior Amenities: Floor Tile, Furnished - All, Renovated, Window Treatment All
  • Stories: 4
  • Appliances:StoveOven Electric: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Sound, Bay
  • Waterfront Features: Intracoastal Wtrwy, Bay, Sound
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Flat, Steel, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Laundry, Marina, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1500.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Management, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Edwins
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 23-2S-24-401A-0000-A406
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 60

Tax Info

  • Tax Annual Amount: 1958.85
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Apr 12, 2024
Sold by
Filipova-Ellinger Velitchka
Bought by
Craigo Brian L and Allen Michael S
Seller's Agent
Villy Filipova-Ellinger
World Impact Real Estate
Buyer's Agent
Peter Appezzato
EXP Realty LLC
List Price
$214,000
Sold Price
$204,000
Premium/Discount to List
-$10,000
-4.67%
Views
47
Current Estimated Value
$199,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,775
Avg. Annual Appreciation
-1.57%
Original Mortgage
$163,200
Outstanding Balance
$160,817
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$38,408

Purchase Details

Closed on
Feb 2, 2018
Sold by
Chinnaswamy Christopher and Chinnaswamy Christopher Indumathi
Bought by
Filipova Ellinger Velitchka

Purchase Details

Closed on
Sep 25, 2009
Sold by
Ponce Joseph A and Ponce Renee M
Bought by
Chinnaswamy Christopher and Chinnaswamy Christopher Indumathi
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Craigo Brian L $204,000 Beach Land And Title Services
Filipova Ellinger Velitchka $92,000 Attorney
Chinnaswamy Christopher $55,000 Vintage Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craigo Brian L $163,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $204,000 -4.7% $628 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $214,000 -- $658 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,959 $168,000 -- $168,000
2023 $1,959 $180,000 $0 $180,000
2022 $1,789 $139,500 $0 $139,500
2021 $1,641 $115,000 $0 $115,000
2020 $1,477 $100,000 $0 $100,000
2019 $1,233 $78,500 $0 $78,500
2018 $1,072 $67,000 $0 $0
2017 $1,014 $62,500 $0 $0
2016 $919 $57,000 $0 $0
2015 $893 $57,000 $0 $0
2014 $784 $47,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    Villy Filipova-Ellinger

    World Impact Real Estate

    (901) 482-1100

    3 in this area

    16 Total Sales

    Villy Filipova-Ellinger
    Section Image

  • P

    Buyer's Agent in 2024

    Peter Appezzato

    EXP Realty LLC

    (212) 300-5102

    1 in this area

    56 Total Sales

    Peter Appezzato
    Section Image
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About Pirates Bay

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 941734

Emerald Coast Association of REALTORS®

APN: 23-2S-24-401A-0000-A406

Florida Okaloosa County Fort Walton Beach 32548

214 Miracle Strip Pkwy SW Unit A406, Fort Walton Beach, FL

This home is located at 214 Miracle Strip Pkwy SW Unit A406, Fort Walton Beach, FL 32548 since 07 February 2024 and is currently estimated at $199,225, approximately $613 per square foot. This property was built in 1986. 214 Miracle Strip Pkwy SW Unit A406 is a home located in Okaloosa County with nearby schools including Annette P. Edwins Elementary School, Max Bruner Junior Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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